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    Thursday, October 22, 2020

    Realtors: Looking for Accountabuddy!

    Realtors: Looking for Accountabuddy!


    Looking for Accountabuddy!

    Posted: 22 Oct 2020 02:50 AM PDT

    East Coast realtor looking for an accountability partner with similar goals to mine. My primary goal is that I would like to obtain 10 listings a month. Anyone with a similar goal? Would like to start immediately!

    submitted by /u/multisource26
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    Client Holiday Gifts

    Posted: 22 Oct 2020 11:12 AM PDT

    What's the best/most creative holiday gift you've given to your clients? I'm wanting to do something more memorable than your typical bottle of wine or gift basket.

    submitted by /u/kgilliland
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    Moving states

    Posted: 22 Oct 2020 09:55 AM PDT

    Hey everyone,

    I'm currently living in california. Im a college student and I'm also working on getting my real estate license right now. I expect to graduate and have my California real estate license by May 2021. With the current tax trends in California I have been thinking about moving to another state to start as an agent. I worry if I don't move right away and start working as an agent I won't ever have the opportunity to move, where as if I move before I start working It will make the transition easier and more cost effective. What do you guys think? I love California but I don't want to live in a state that could potentially have a 60% + tax in the future. What states do you guys recommend if you think moving is my best option?

    submitted by /u/lmorse98
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    Oregon Real Estate Exam

    Posted: 22 Oct 2020 11:21 AM PDT

    Hey everyone!

    I recently started my course through OnlineEd for Oregon. I'm getting through it slowly but surely. Still on the first module!

    My question is... what does the exam look like compared to the material presented in the course? I've seen a handful of people say it was super easy and they passed with plenty of time left. Is that the general experience with the exam? As I'm going through the material, I have no idea what is crucial information vs what might not be. I just want to be effective with my time.

    Any tips would be appreciated!

    Thank you!

    submitted by /u/ItsG91
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    HOME STAGING

    Posted: 22 Oct 2020 07:32 AM PDT

    How often do you hire home stagers and does it really help in selling the property for more?

    submitted by /u/beanburrito26
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    Client wants to use two non-exclusive real estate agents to find an apartment. I have question about logistics.

    Posted: 22 Oct 2020 07:31 AM PDT

    I have a client who is looking to rent a condo and would like to have two different real estate agents looking for them. The agents are supposed send client a list of apartments that matches the client's requirements. Which agent should get credit if same apartment is on both lists and client ends up renting it?

    submitted by /u/a_little_about_law
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    Which mailers do you guys use to farm?

    Posted: 21 Oct 2020 08:08 PM PDT

    Which mailers/postcards do you use to farm? So you just go with USPS or have a company where you get them printed and they mail them out?

    submitted by /u/ac921ol
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    Advertising rentals

    Posted: 21 Oct 2020 09:06 PM PDT

    If preview a rental can I put it on craigslist or other social avenues for rent?

    submitted by /u/jawnstein82
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    new guy

    Posted: 21 Oct 2020 02:55 PM PDT

    I'm a new realtor of one and a half months. I'm starting to get discouraged from finding listings cause it seems everyone I talk to has their favorite realtor or just isn't selling. Does anyone have 4some words of encouragement. Maybe I'm just getting discouraged to early

    submitted by /u/OzarkTees
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    Niche to get in for a finance major

    Posted: 21 Oct 2020 09:32 PM PDT

    Hey everyone, first time poster here. I am a junior year finance major and I am about to start taking pre-licensing courses. I was wondering how I could add value with my given major as a realtor and what niche would help me leverage it more.

    I am thinking of trying whatever I can find first times to figure out what I will like and do better at but still want to have an idea of which niches I can explore.

    submitted by /u/ofclskn
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    choosing a broker

    Posted: 21 Oct 2020 03:44 PM PDT

    I'm working on my realtor license as we speak, taking a quick break before enough pre text/exam.

    I wanted to reach out to the network of realtors on here and ask to see what you all think are the major things to look for when deciding on which broker you will join.

    I realize that everyone's personal preferences are totally different (mine being that I am already a small business owner and am doing real estate for a 2nd revenue source).

    I'm curious what your experiences are with working with a national realty chain like Keller Williams as opposed to a smaller shop.

    submitted by /u/naffhouse
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    Associate Broker With Offer To Join Brokerage Really Need Advice!

    Posted: 21 Oct 2020 02:08 PM PDT

    Hey everyone! I am currently enrolled in the real estate pre-license course and have been offered a listing agent position with Mark Spain Real Estate upon passing the state/national exam next month. The commission share is horrendous but I have heard from many agents that their first year was terrible income wise.

    At Mark Spain Real Estate they cover all marketing costs including signage, lock box etc, there is no desk fee from the agent and they set your schedule with leads from those who have called in to list their home. Mark Spain Real Estate was actually one of the top workplaces in Atlanta by the Atlanta Business Journal. This year Mark Spain Real Estate has been named the number 1 residential real estate team in the US for the 3rd consecutive year. They ranked number 1 nationally for closed transactions and number 2 for annual closed sales volume.

    The expectations are to have 12 houses closed quarterly with the amount of leads they provide. For the month of September the median sales price for a home in my county was $311,000 up 6.8% year over year.

    $311,000.00 X 12 houses=$3,732,000 in sales volume.

    $3,732,000 X 3% (total listing agent commission before cut to brokerage)=$111,960.

    $111,960 X 18% (my take home commission after brokerage cut)=$20,152.

    $20,152 x 4 (quarters in a year)=$80,611.

    My recruiter told me average first year listing agent makes between $70,000-$80,000. Obviously I know the market won't be like this forever but currently in my market homes are only on the market a few days before going under contract and buyers are offering OVER asking price.

    While I know many will say the split is terrible as a brand new associate broker I am also not incurring any expenses whatsoever and can actually make a living wage within the first year which many agents I have spoken to say is very hard to do.

    MSRE also has an awesome training program for new agents (about a month long) then in the second month is when I would be put into rotation.

    While I agree the commission cut is horrible for a brand new associate broker with no contacts or leads in the industry, don't have to incur any expenses, will get in front of many potential clients and can make a living wage the first year in the industry is this setup really that bad?

    Thanks for your input!

    submitted by /u/DaSharkHungry
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